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Neolytix partners with U.S. healthcare organizations to optimize revenue cycle and administrative operations through tailored, tech-enabled services. They start with a needs assessment and then implement improved processes and automation to reduce inefficiencies and boost collections. Their approach combines strategic consulting with end-to-end services—ranging from payer strategy and billing to virtual patient access and clinical support—delivered at scale across 40 states and 270+ clients. The goal is to help providers run better businesses while delivering higher-quality patient care by freeing clinicians from administrative burdens and improving financial performance.
Industries
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Northbrook, Illinois
Founded
2012
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Neolytix and PrescriberPoint announce partnership offering a single managed service for prior authorizations. Service covers medication and procedure authorizations from first coverage check through appeal, with no EHR integration required With PrescriberPoint, the technology moves requests forward quickly, and its specialists take the cases that need a clinical conversation with the payer." - Raj Bhatnagar, Chief Executive Officer of Neolytix CHICAGO, IL, UNITED STATES, September 23, 2026 / EINPresswire.com / - Neolytix, a healthcare management services organization, and PrescriberPoint, an AI point-of-care platform, today announced a partnership to give mid-market physician practices a single managed service for prior authorization, covering both medication and procedure requests from first coverage check through appeal. Under the partnership, PrescriberPoint's Prior Authorization platform will automate prescription authorizations that run through the pharmacy benefit plan. Neolytix clinical specialists handle medical-benefit authorizations for imaging, procedures and physician-administered drugs, and work the appeals on both. Physician practices deal with one team at Neolytix across the entire cycle, with no handoff between vendors when a case needs a person. Medicare Advantage insurers denied 4.1 million prior authorization requests for medical care in 2024, according to KFF. Nearly nine in ten of those denials were never appealed, even though more than four in five appeals succeeded. Ultimately, whether a patient gets treatment often comes down to whether the practice has the bandwidth and resources to initiate an appeal. The burden falls on practices and patients alike. Physicians and their staff spend 13 hours a week on prior authorization, 40 percent of physicians have staff who work on nothing else, and more than one in four say it has led to a serious adverse event for a patient, according to the American Medical Association. "When a denial gets worked, the practice usually wins. The problem is that most never get worked, because nobody has the time," said Raj Bhatnagar, Chief Executive Officer of Neolytix. "We see it across the more than 300 organizations we support. With PrescriberPoint, the technology moves requests forward quickly, and our specialists take the cases that need a clinical conversation with the payer. That's how we think about AI at Neolytix: it makes skilled people more effective." "Most of the technology built for prior authorization was priced and designed for larger health systems, while smaller specialty practices carry the same burdens with none of the same resources," said Dan Cornwell, Chief Executive Officer of PrescriberPoint. "Our goal is simple: get patients started on therapy faster with resolved denials, so that patients get their medications and the administrative load on physician practices is reduced." Patients receive text updates on authorization status and pharmacy routing from the moment a prescription is written, along with enrollment in copay assistance programs, with no app or portal login required. The service will be available to Neolytix practice clients beginning in November, starting with rheumatology, gastroenterology, pain management and weight management practices. About Neolytix Neolytix empowers healthcare organizations with AI-driven solutions that streamline operations, enhance care quality, and boost productivity. The company delivers tailored support across revenue cycle and administrative operations, reducing inefficiencies and freeing providers to focus on patient care. With 14+ years of healthcare expertise, Neolytix has helped 300+ healthcare organizations optimize revenue cycles, improve workflows, and navigate financial pressures and regulatory complexity. By turning operational hurdles into competitive advantages, Neolytix enables healthcare organizations to achieve better outcomes for patients and providers alike. For more information, visit www.neolytix.com. About PrescriberPoint PrescriberPoint is an AI-powered point-of-care platform that supports clinicians at every step of the prescribing journey - from researching FDA-approved drug and clinical information, to understanding coverage and out-of-pocket costs, to submitting prior authorizations and enrolling patients in the right savings programs. Prescriber.AI, the company's AI Agent platform, automates many of these time-consuming tasks by answering drug questions on demand, guiding clinicians through coverage and savings decisions, and managing prior authorization submissions. In 2025, PrescriberPoint reached more than 5 million healthcare professionals, including prescribers and staff, establishing it as one of the largest active HCP networks in digital health. That scale gives life sciences companies a direct line into the prescribing moment - reducing access barriers and driving measurable therapy adoption. Learn more at Media Contacts Neolytix - George Goodno, [email protected], (312) 757-1599 PrescriberPoint - Ivy Cohen, [email protected], (212) 399-0026 George Goodno Neolytix +1 312-757-1599 [email protected] Visit Asia Pacific Herald on social media: LinkedIn Instagram Facebook YouTube X Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Asia Pacific Herald do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Neolytix marks 14 years of advancing smarter healthcare operations. From a single revenue cycle practice in Chicago to a 220+ person, three-country operation serving 270+ healthcare organizations, Neolytix calls it the midpoint. Fourteen years has given 50 States Today the operational intelligence, the technology, and the team to do what 50 States Today set out to do at scale. 50 States Today is not at the finish line. 50 States Today is at the midpoint." - Ritu Bhatnagar, Founder & COO, Neolytix CHICAGO, IL, UNITED STATES, June 18, 2026 / EINPresswire.com / - As payer complexity deepens and administrative margins tighten across U.S. healthcare, Neolytix, a Chicago-headquartered healthcare management services organization (MSO), marks its 14th year in operation - a milestone reflecting not just longevity, but a sustained record of measurable impact. Founded in June 2012 on the premise that providers deserve transparent, data-driven operational partners, Neolytix has grown from a single revenue cycle management practice into a full-stack MSO with operations spanning Chicago, Gurugram (India), and Manila (Philippines). The company's mission - to empower healthcare organizations with AI-driven services that steadily evolve towards greater autonomy, enhancing human productivity, care quality, and cost efficiency - has guided every stage of that growth. Neolytix has remained 100% bootstrapped throughout its 14-year trajectory, a deliberate philosophy that has shaped a culture of operational discipline and client accountability uncommon in the outsourced healthcare services market. Fourteen Years, By the Numbers: 1. 220+ employees across three countries 2. 270+ healthcare provider organizations served nationwide 3. ISO 27001:2022 certified and HIPAA-compliant across all service lines 4. Long-term client retention spanning more than a decade, reflecting an outcomes-based delivery model built on transparency and mutual accountability 2024-2026 Milestones: Investment in Infrastructure, Technology, and Expanded Capability: Over the past three years, Neolytix has executed a focused expansion of both its technology platforms and operational infrastructure: 1. InCredibly(TM) Platform Launch (2026): Neolytix launched InCredibly(TM), the first managed provider data intelligence platform, designed to eliminate credentialing revenue loss, deliver enrollment timeline certainty, and maintain continuous audit readiness. Built on an AI-ready, event-based architecture with human-in-the-loop compliance controls, InCredibly integrates payer enrollment, license tracking, and credentialing operations into a single managed service - reducing total cost of ownership by half and accelerating time-to-revenue by an estimated 50%. 2. NeoScribe(TM) Launch (2025): Neolytix introduced NeoScribe(TM), an AI-powered, human-verified medical scribe solution built on a multi-modal, HIPAA compliant platform. NeoScribe addresses the documentation accuracy gap created by pure AI solutions by pairing advanced transcription with clinical professional review - covering 30+ medical specialties and integrating directly with major EHR systems. 3. Hyperautomation Initiative (2024): An internal hyperautomation team was established to drive AI-enabled workflow improvements across billing, credentialing, and patient access operations, with multiple automation projects deployed across client environments. 4. Payer Analytics Group & Payer Contract Review Services (2025): Neolytix formalized a dedicated Payer Analytics capability and has since expanded it into a full payer contract review and negotiation service. The service translates payer contract language into operational and revenue intelligence. Fourteen Years In And at the Midpoint: The founders of Neolytix are clear that this anniversary marks a transition point, not an endpoint. Fourteen years has produced the operational depth, proprietary technology, and global delivery infrastructure to execute on a vision that has been consistent since the company's founding: to become the definitive operational backbone for healthcare organizations. The launch of InCredibly(TM) represents the most visible expression of that evolution, moving Neolytix from a services company into a technology-enabled platform business. The analytics ambition embedded in the company's name, Neo + Analytics, is now closer to realization than at any point in its history. "When I was working inside billing companies in Chicago, I watched practice owners make decisions about their own financial health based on numbers that were being managed for them, not reported to them. The data was designed to make the billing company look good, not to tell the provider the truth. That was the problem Neolytix was built to solve. Fourteen years later, every platform we have built, from revenue cycle analytics to InCredibly(TM) to NeoScribe(TM)- comes back to that same founding conviction: the data belongs to the provider, and they deserve to see all of it." - Ritu Bhatnagar, Founder, President & COO, Neolytix Today, Neolytix serves healthcare organizations across the full complexity spectrum - from independent practices to multi-state groups. The company does not follow its clients' operational playbooks. It writes them. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. 50 States Today do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Neolytix, a management services organisation serving over 270 US healthcare providers across 40 states, has launched Neolytix Growth Services, a division integrating marketing, patient acquisition and operational infrastructure. The unit consolidates the company's PracticeTech Solutions digital marketing practice with its broader revenue cycle management and patient access services. NGS offers capabilities including digital patient acquisition, payer directory optimisation, referral network development and patient retention programmes. The division differentiates itself by using operational data from credentialing, enrollment and billing systems to inform marketing strategies. CEO Rajat Bhatnagar said growth is "an operational problem with a marketing component", with NGS designed to address both simultaneously. The service reports on collected revenue per patient rather than marketing metrics alone.
The partnership combines Neolytix's operational and revenue cycle management (RCM) expertise with PatientPay's cutting-edge payment automation technology, empowering healthcare organizations to optimize revenue collection, reduce administrative burdens and enhance the patient financial experience.
Neolytix officially launched Rev+ recently, which is a service focused on remote patient monitoring & chronic care management to help practices extend their arm of care while improving revenue.
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Industries
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Northbrook, Illinois
Founded
2012
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